Ask Terry Questions Debt Limit impact on Treasury Bills

Debt Limit impact on Treasury Bills

By Terry Savage on April 25, 2023 | Wild Card

Should the US Congress not pass a bill to raise the debt limit and default occurs, how will it affect those individuals holding T-bills or T-bond maturing between July-December 2023? Will interest not be paid, delayed payments, lower interest paid?

Terry Says

Repeat after me: THE UNITED STATES GOVERNMENT IS NOT GOING TO DEFAULT ON ITS DEBT!

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